506 H AveCarrizozoNM88301
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Carrizozo at 506 H Ave, Carrizozo, NM, 88301 uses $82,875 cash to close to unlock $7,227/yr annual cash flow and $602/mo monthly cash flow. Total monthly income runs $2,070/mo, and a $1,224/mo payment keeps the spread at $602/mo. Purchase price stands at $250,000, and rental yield measures 9.94% with $2,070/mo rent. Return on cash invested shows 28.63% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 149.21% and total cumulative return in cash records $123,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,070/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88301, Carrizozo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 493 (61.9%) |
| Renter Occupied HU | 132 (16.6%) |
| Vacant Housing Units | 171 (21.5%) |
| Median Home Value | $96,765 |
| Average Home Value | $184,899 |
Housing Distribution
Address Breakdown
Residential
103
Single Family
103
Multi-Family
0
Businesses
68
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Listed by: Tara Woodruff • Keller Williams Realty, Santa Fe
Mls Name: RLCMLS
Mls ID: #133484